Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He eams a monthly...
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Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He eams a monthly salary of $12,000. He is single and claims 1 deduction. Before this payroll, Barrett's cumulative earnings were $128,000. (Social Security maximum is 6.2% on $128,400 ) and Medicare is 1.45\%) Calculate FIT by the percentage method (Use Table 91 and Table. 9.2 ) (Do not round intermediate calculations. Round your answers to the nearest cent.) Rhonda Brennan found her fitst job after graduating from college through the classifieds of the Miami Hera/d She was delighted When the offer came through at $15.30 per hour. She completed her W-4 stating that she is married with a child and claims an allowance of 3 . Her company will pay her biweekly for 80 hours (assume a tax rate of 6.2% on $128.400 for 50clai Security and 1.45% for Medicare). Calculate her take-home pay for her first check. (Use Table.91 and (Round your answer to the nearest cent.)
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